The emergence of digital technology and expanding application of WMS has led to increased adoption of warehouse management systems. The market for warehouse management systems (WMS) is anticipated to expand at a revenue CAGR of 14.1% during the forecast period from 2017 to 2025. The global warehouse management systems market was valued at US$ 1,447.1 Mn in 2016. Warehouse management system (WMS) provides optimization, monitoring and control of complex warehouse and distribution activities such as yard management, dock scheduling, order management, labor management, inventory management, and others in an efficient manner. Hence, growing e-commerce industry and the subsequent adoption of WMS in this sector is expected to drive the warehouse management systems market. Another significant factor supporting the growth of warehouse management systems market is the increasing adoption of BYOD in various industries such as retail, 3PL, health care, and manufacturing among others. This has led to an increasing demand for cloud based warehouse management systems, subsequently driving the warehouse management systems market.

The global warehouse management systems market has been segmented on the basis of component and application. On the basis of the component, the market is segmented into software and services. The software segment in the deployment type segmentation is further divided into on-premise and cloud based warehouse management systems. On-premise and cloud based warehouse management system segments are each further categorized into labor management system, analytics and optimization, and others which includes yard management and 3PL billing. In 2016, on-premise warehouse management systems accounted for maximum share of the warehouse management software market at around 76.3% of the revenue of the overall warehouse management software market. However, cloud based warehouse management software is expected to show sustainable growth during the forecast period due to technological advancements and cost effectiveness as compared to on-premise warehouse management software. Based on the services, the market is segmented into consulting, system integration, and operations and maintenance. In 2016, the maintenance segment held the largest revenue share and is also expected to expand at a highest CAGR during the forecast period

In terms of various applications, the market is segmented into retail, electronics, food and beverage, pharmaceutical, third party logistics, and others which includes book and publishing, and home improvement. In 2016, the third party logistics (3PL) segment held the largest revenue share of around 27% in the overall warehouse management systems market.

Asia Pacific to Offer Lucrative Growth Prospects in Forthcoming Years

Geographically, Europe is the largest market for warehouse management systems. Asia Pacific is expected to witness fastest growth during the forecast period. China, India, Japan, Australia and Indonesia are among the major markets for warehouse management systems in the Asia Pacific region. Through the course of the report’s forecast period, Asia Pacific is expected to showcase robust opportunities for growth to the market. The rising demand for extended WMS solutions to support in-store inventory, order management, and cloud integration is the chief driver of the warehouse management systems market in Asia Pacific. Besides this, the Middle East and Africa and Latin America are likely to offer substantial growth opportunities to the market in the coming years. The rising retail application in nations such as the UAE, Saudi Arabia among others on account of the expanding ecommerce market will augment the market’s growth in the Middle East and Africa.

This report aims to provide a comprehensive strategic analysis of the global warehouse management systems market along with revenue and growth forecasts for the period from 2017 to 2025. With advancements in warehouse management systems and rising demand for warehouse management systems in retail and third party logistics (3PL) application, the warehouse management systems market is expected to experience high growth in the coming decade. Some of the factors supporting the growth of the market worldwide include the emergence of e-commerce and increased technological investment in developing regions such as Asia Pacific, high demand from the health care sector, advent of industry specific warehouse management systems in developed regions such as North America and Europe, increasing awareness of cloud based warehouse management systems, and surge in demand for warehouse management integrated with RFID technology. The impact of these and other macro-micro economic factors has been analyzed while developing the market growth models.

Global Warehouse Management Systems Market: Scope of the Study

This research study on the global warehouse management systems market provides a detailed analysis of warehouse management systems deployed for different applications by end-users depending upon their needs. The report offers an in-depth study of the market drivers, restraints, and growth opportunities. Using these factors, the study identifies various trends prominent in the industry and are expected to influence the market growth during the forecast period from 2017 to 2025. It includes a comprehensive coverage of the underlying economic and technological factors influencing the warehouse management systems market growth. It provides the competitive landscape of key players in the warehouse management systems market in order to highlight the state of competition therein. The report also provides a detailed competitive analysis of the key players in the market and identifies various business strategies adopted by them. The study explains the penetration within each market segment across various geographies, and how these segments have accelerated the growth of the market as a whole.

Global Warehouse Management Systems Market: Segmentation

The global warehouse management systems market is analyzed by segmenting it on the basis of component and application. Based on component, the market is classified into software and services. The software segment further based on the deployment type covers, on-premise and cloud based software. Further, on-premise and cloud based software segments are each fragmented into labor management systems, analytics and optimization and others which includes 3PL billing and yard management. The service segment type covers consulting, system integration, and operations and maintenance services. In terms of application, the global warehouse management systems market is segmented into retail, electronics, food and beverage, pharmaceutical, 3PL, and others which includes books and publishing, and home improvement. Geographically, the global market for warehouse management systems has been segmented into five regions: North America, Europe, Asia Pacific, Middle East and Africa (MEA), and South America. The market size and forecast for each region has been provided for the period from 2017 to 2025 along with the CAGR (%) for the forecast period from 2017 to 2025. The analysis by component, application and regions helps in evaluating the present scenario and growth prospects of the warehouse management systems market over the forecast period from 2017 to 2025.

Companies Mentioned in Report

A list of recommendations have been provided for new entrants to help them establish a strong presence and for existing market players to take strategic decisions and strengthen their market position in the global warehouse management systems market. The report concludes with the profiles of major players in the warehouse management systems market on the basis of various attributes, such as company overview, financial overview, business strategies, SWOT analysis, segment presence, and recent developments. The major players profiled in this report include HighJump Software, Tecsys, Inc., Infor Inc., JDA Software Group, Inc., LogFire Inc., Made4net LLC, Manhattan Associates Inc., Oracle Corporation, SAP SE, Softeon, Inc. and Synergy Logistics Ltd.

Market Segmentation:

Warehouse Management Systems Market Analysis, by Component

Software

On-premise

Labor Management Systems

Analytics and Optimization

Other (3PL Billing, and Yard Management)

Cloud

Labor Management Systems

Analytics and Optimization

Other (3PL Billing, and Yard Management)

Services

Consulting

System Integration

Operations and Maintenance

Warehouse Management Systems Market Analysis, by Application

Retail (Apparel, Department & General Merchandise)

Electronics

Grocery/Food & Beverage

Pharmaceutical

3PL

Others (Books & Publishing, Home Improvement)

In addition, the report provides cross-sectional analysis of the warehouse management systems market with respect to the following geographical segments: